Overview

The Saras Group operates in the energy sector and is one of the leading independent oil refiners in Europe. The Sarroch refinery, on the coast south-west of Cagliari, is one of the biggest in the Mediterranean in terms of production capacity (15 million tonnes per year, equal to 300,000 barrels per day) and one of the most advanced plants in terms of complexity (11.7 on the Nelson Index). Located in the middle of the Mediterranean, it is a reference model in terms of efficiency and environmental sustainability, due to its technological know-how, expertise and human resources acquired over fifty years of activity. Saras has adopted a business model based on the integration of its supply chain through close coordination between refinery operations and commercial activities. This also includes the subsidiary Saras Trading SA, which deals with acquiring crude and other raw materials for the Group’s refinery, selling its refined products, and also performing trading activities. The Group sells and distributes oil products directly, and through its subsidiaries, such as diesel, gasoline, diesel fuel for heating, liquefied petroleum gas (LPG), virgin naphtha and aviation fuel, mainly on the Italian and Spanish markets, but also in various other European and non-European countries. In the early 2000s, the Saras Group also started to produce and sell electricity by means of an IGCC plant (Integrated Gasification Combined Cycle), which has an installed power of 575 MW. The feedstock used by the IGCC plant is the heavy products of the refinery, and the plant generates over 4 TWh of electricity each year, which corresponds to more than 45% of the electricity requirements in Sardinia. In addition, the Group sells electricity from renewable sources in Sardinia, via the Ulassai wind farm (installed capacity of 96 MW). Lastly, the Group provides industrial engineering and research services to the petroleum, energy and environment industries, via its subsidiary Sartec Srl. Saras S.p.A. refines crude oil, sells and distributes petroleum products, produces and sells electricity, and offers information technology services. The Company produces diesel, gasoline, heating oil, liquefied petroleum gas (LPG), virgin naphtha and aviation fuel, and electricity using wind farms and an integrated gasification combined cycle plant. Saras is a leader operator in the refining sector in Europe Its main assets/activities are: One of the biggest high complexity refinery in the Mediterranean Sea - 300.000 barrels per day of refining capacity (about 15%% of Italy's total refining capacity); - More than 80% of production is of medium and light distillates with low environmental impact (mainly diesel and gasoline). - Integration with petrochemical and electricity production. IGCC (Integrated Gasification Combined Cycle): largest liquid fuelgasification plant in the world that converts heavy refining residues into clean gas, with limited environmental impact, which is subsequently used in power generation - 575 MW of installed power; - Three independent trains for gasification and production; - Electricity production in excess of 4 terawatt-hours per Marketing activities in Italy and Spain - Wholesale sales of oil products with high added value and low environmental impact, such as low sulphur gasoil and gasoline. - Two storage facilities for distribution of products at Arcola (Italy) and Cartagena (Spain). - Retail business mainly located in the South of Spain through 124 retail stations. - Biodiesel production plant in Cartagena, Spain, with capacity of 200,000 tons per year. Generation of electricity from renewable sources - Wind farm with capacity of 96 MW in Ulassai (Sardinia). - Presence in industrial engineering services for the oil sector. Saras, a leading European oil refining company based in Italy, produces an average of more than 300,000 barrels of oil per day at its Sardoch refinery based off the coast of Sardinia. While oil refining represents more than half of its business, Saras also owns other energy-related companies, including a wind farm in Sardinia, a biodiesel plant in Spain, and an industrial engineering research business. The company's finished products include gasoline, diesel, kerosene, and aviation fuel. Through subsidiary Saras Energia, the company operates a chain of owned and leased retail gas stations in Spain. Saras also owns several storage facilities in Italy and Spain. Saras, a leading European oil refining company based in Italy, produces an average of more than 300,000 barrels of oil per day at its Sardoch refinery based off the coast of Sardinia. While oil refining represents more than half of its business, Saras also owns other energy-related companies, including a wind farm in Sardinia, a biodiesel plant in Spain, and an industrial engineering research business. The company's finished products include gasoline, diesel, kerosene, and aviation fuel. Through subsidiary Saras Energia, the company operates a chain of owned and leased retail gas stations in Spain. Saras also owns several storage facilities in Italy and Spain. Try D&B Hoovers Free Saras, a leading European oil refining company based in Italy, produces an average of more than 300,000 barrels of oil per day at its Sardoch refinery based off the coast of Sardinia. While oil refining represents more than half of its business, Saras also owns other energy-related companies, including a wind farm in Sardinia, a biodiesel plant in Spain, and an industrial engineering research business. The company's finished products include gasoline, diesel, kerosene, and aviation fuel. Through subsidiary Saras Energia, the company operates a chain of owned and leased retail gas stations in Spain. Saras also owns several storage facilities in Italy and Spain. SARAS SPA is located in ROMA, ROMA, Italy and is part of the Petroleum Refining Industry. There are 17 companies in the SARAS SPA corporate family. SARAS SPA is located in ROMA, ROMA, Italy and is part of the Petroleum Refining Industry. There are 17 companies in the SARAS SPA corporate family.

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